Question

In the space below, write out the steps you would take when using a cost-benefit analysis to decide on which pair of shoes you should buy. Your answer should be in complete sentences.

Answer 1

Answer:

First, a consumer will analyze the cost of the products.

Next, the costumer will analyze the benefit that that products could bring for them. Let's say that both products cost  $ 50. The costumer may think :

- The concert will give me about 3 hours of happiness

- while the jeans could give me about 3 years and it motivate me to maintain my weight.

After weighing the benefit, the jeans is more favorable to him because it bring more benefit to him than the tickets so he chose to use his money to buy the jeans instead

(found it on google hope it helps :))  )

Explanation:

also love the Yoongi pic